Business May 10, 2017updated 27 Jan 2022 2:27pm Global oil and gas capex is going to fall by more than $100bn in four years By GlobalData Energy Global oil and gas production spend is expected to decrease by 0.3 percent between 2017–2021 from $443bn in 2017 to $315bn in 2021. Total production outlook is expected to decrease to 57.22bn barrels of oil from 2017 to 2021. [verdict_chart id=”13638″] Related Business Why the Roe V Wade reversal should make you worry about privacy Business Google Cloud sets up new public sector business Energy and Utilities World powers charge up for lithium batteries fight Energy and Utilities UK proposes law to protect access to cash and help scam victims Topics in this article: Capx, gas, Oil GlobalData Energy
